Recently I had the opportunity to sit in on a training event provided by WealthCharts' CEO and Founder, Rob Hoffman, a 30x Domestic and International Real Money Trading Champion, where he was demonstrating some of the latest updates, enhancements, and new features they have been adding to the platform.
I was particularly intrigued by a new bundle of indicators that were recently released for the annual members of the platform, the Champion Trend Pack indicators. Composed of four indicators, this bundle has a number of signals to help traders plan their potential entries and exits, establish support and resistance levels, and provides a trailing stop, regardless of if they are trading intraday, swing trading, or taking a longer term position. The four indicators that make up the Champion Trend Pack are:
Champion Trend
This indicator available exclusively for WealthCharts members is an incredible tool for identifying Buy and Sell zones on any instrument and has already quickly become a member favorite as an at-a-glance reference for whether a trader should consider long or short side trades. Its integrated key support and resistance levels also provide crucial insight to traders, identifying potential entry, re-entry, and trailing stop areas.
Breakout Forecaster
Using some of the same strategies that Hoffman employed in his trading competition wins, the Breakouts Forecaster indicator helps identify when an instrument is primed for a big move to the upside or downside, and it works exceptionally well with the new Champion Trend indicator. It identifies momentum in the direction of a trend with specific types of pullbacks and resumptions into those trends.
WealthSignal Indicator
This story is from the July/August/September 2022 edition of TradersWorld.
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This story is from the July/August/September 2022 edition of TradersWorld.
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